Vietnam and ASEAN

HÀ NỘI — Payment deadlines for value added tax (VAT), corporate income tax, personal income tax, and land rent in 2024 are set to be extended, involving a total tax value of nearly VNĐ84 trillion (US$3.3 billion).

HÀ NỘI — The Ministry of Finance (MoF) is considering proposals from other relevant ministries and agencies on a draft decree that would extend the deadlines for filing taxes.

Viet Nam targets to have at least 2 million enterprises and ten billionaires voted by prestigious world organizations by the end of this decade.

The 2023 Law on Telecommunications (the Law), with 73 articles arranged in 10 chapters, is set to take effect on July 1 this year.

The recent approval for Vietnam’s eighth national power development plan (PDP8) has heated up discussions around business strategies of energy giants in the race to gain advantages in energy transition towards the country’s net-zero goals.

Vietnam aims to have a sustainable and modern fishery sector by 2050, with maritime and inland waters biodiversity preserved and local livelihoods improved.

With the recommendation that Vietnam should act fast within 24 months regarding the goal of developing the semiconductor industry, the government has taken bold and prompt measures to seize this rare opportunity.

Việt Nam's wood industry has many opportunities for recovery in 2024, with the Forest Stewardship Council (FSC) certification seen as essential mark for accessing global markets.

A delegation from the European Union (EU), the Netherlands, and the Vietnamese Embassy in Singapore held a working session with leaders of the northern province of Thai Nguyen on May 16 to explore potential investment opportunities in the province.

Dong Nai province, an industrial hub in the southern region, has set up the Japan Desk at the headquarters of the Dong Nai Industrial Zones Authority to assist Japanese investors operating here.

(VEN) - Despite its attractive investment environment with numerous advantages, Vietnam may lag behind in the global competition to attract foreign direct investment (FDI) if it does not improve its business environment.

(VEN) - The supply chain of manufacturing industries in Vietnam has become quite developed, with a consumer market of 100 million people and an abundant labor force. This explains why Vietnam’s investment and business environment attracts Chinese businesses.

Many banks have adjusted up savings interest rates by 0.2-0.3 percentage point per year since early this months to lure depositors in the context that the savings amount at the banking system has declined for the first time after 25 consecutive month increase.

(VEN) - The State Bank of Vietnam (SBV) has announced that it will continue to strengthen review of regulations on lending activities to remove obstacles in accessing capital at banks for the collective economic sector and cooperatives.

Permanent Vice Chairman of the National Assembly (NA) Tran Thanh Man on May 13 voiced concern over skyrocketing gold prices, asking the Government to quickly review market management measures to narrow the wide gap between domestic and global prices.

(VEN) - According to the State Bank of Vietnam’s (SBV) Decision No.2345/QD-NHNN dated December 18, 2023, biometric authentication will be required for online money transfers and e-wallet top-ups exceeding VND10 million from July 1 this year. According to the State Bank of Vietnam’s (SBV) Decision No.2345/QD-NHNN dated December 18, 2023, biometric authentication will be required for online money transfers and e-wallet top-ups exceeding VND10 million from July 1 this year.

The Ministry of Culture, Sports and Tourism has issued a plan to support the study, restoration, and preservation of ethnic minorities’ intangible cultures which are at risk of falling into oblivion.

The Cát Bà Archipelago in Hải Phòng City and the Hạ Long Bay, in the neighbouring province of Quảng Ninh, is Việt Nam's first inter-provincial site listed by UNESCO as a World Heritage Site.

The urns received unanimous votes by all 23 member countries.

The European Literature Days 2024 has kicked off with a series of literature and exhibition events in Hà Nội and HCM City

(VEN) - Vietnam has gradually implemented green tourism, focusing on rational exploitation and uses of natural resources to limit negative impacts on the living environment.

The national flag carrier Vietnam Airlines and its partners on May 16 inaugurated a Vietnamese tourism information centre in India.

A mysterious lake has been discovered in the Thung Cave within the World’s Natural Heritage Phong Nha-Kẻ Bàng National Park in the central province of Quảng Bình.

HCM City has been named the destination travelers spend the most time in on average in Việt Nam.